EC-907: Leadership
Q: Traits like honesty and vision.
A: Leadership
Q: Plan for spending and saving.
A: Budget
Q: Product, Price, Place, Promotion.
A: 4 P's
Q: Low supply + high demand.
A: Scarcity
Q: The "Top Dog" of a company.
CEO
Q: Group working toward a goal.
A: Team
Q: Money earned before taxes.
A: Gross Pay
Q: Specific group a business targets.
A: Target Market
Q: Value of the next best choice.
A: Opportunity Cost
Q: Steps to reach a business goal.
A: Planning
Q: Speaking and listening well.
A: Communication
Q: Money left after all bills are paid.
A: Net Profit
Q: A unique name, term, or symbol.
A: Brand
Q: When supply equals demand.
A: Equilibrium
Q: Hiring and training employees.
A: Human Resources
Q: Leading by giving orders.
A: Autocratic
Q: Ownership in a corporation.A: Stock
A: Stock
Q: Short, catchy phrase for a brand.
A: Slogan
Q: Two or more years of slow economy.
A: Recession
Q: Business owned by one person.
A: Sole Proprietorship
Q: Moral principles in business.
A: Ethics
Q: Degree of risk in an investment.
A: Risk Tolerance
Q: Collecting data on consumers.A: Market Research
A: Market Research
Q: Total value of goods made in a country.
A: GDP
Q: Two people sharing ownership.
A: Partnership